Alfavision Overseas India Ltd. Partners with Della Resorts to Develop ₹2,000 Crore Luxury Hospitality & Racecourse-Themed Township in Madhya Pradesh

Mumbai, March 2026: Alfavision Overseas India Ltd., a BSE-listed company, has partnered with renowned hospitality entrepreneur Jimmy Mistry, Chairman and Managing Director of Della Resorts, to co-develop a landmark 220-acre luxury hospitality and lifestyle township near Ratapani Wildlife Reserve and Kolar Dam, Bhopal. The project, with a revenue potential of approximately ₹2,000 crore, has been formally intimated to the Bombay Stock Exchange.

The strategic collaboration between Alfavision Overseas India Ltd. and Della Resorts & Adventure Pvt. Ltd. will introduce a racecourse-themed luxury township, envisioned as a world-class destination combining hospitality, adventure, wellness, and premium living in the heart of Central India.

Spread across approximately 220 acres, the development will feature a carefully curated mix of luxury hospitality, lifestyle residences, and experiential leisure infrastructure designed to create a distinctive tourism and residential ecosystem.

The township will include:

• Five-star luxury resort with approximately 300 keys

• Exclusive wellness centre and spa facilities

• Racecourse-themed recreational infrastructure

• Premium private villa plots and resort residences

• Destination wedding venues and hospitality spaces

• Corporate and MICE facilities

• A large-scale adventure and extreme sports park

The project aims to unlock significant value from Alfavision’s existing land holdings while positioning Bhopal as an emerging destination for luxury tourism, experiential living, and high-end hospitality.

This ambitious development is designed to redefine the luxury hospitality and adventure landscape in Madhya Pradesh, combining nature-inspired design with world-class infrastructure and curated experiences. Located near the Ratapani Wildlife Reserve and Kolar Dam, the project will integrate natural surroundings with premium lifestyle amenities to create a unique destination for both residents and visitors.

Key pillars of the development include:

Luxury Hospitality
High-end resorts and wellness facilities designed to deliver immersive hospitality experiences rooted in nature and luxury.

Branded Living
Premium villas and branded residences offering exclusive living spaces within a resort-style ecosystem.

Adventure & Recreation
A state-of-the-art adventure park along with curated recreational amenities catering to experiential tourism.

Integrated Lifestyle Development
A thoughtfully designed mixed-use township featuring residential, hospitality, and lifestyle infrastructure.

The project is currently in advanced planning stages, with land acquisition completed and design finalisation underway.

About Alfavision Overseas (India) Limited

Alfavision Overseas (India) Limited is a BSE-listed company focused on high-value real estate development and strategic investments. The company aims to unlock long-term value through innovative partnerships and landmark projects across emerging growth markets in India.

About Della Resorts & Adventure Private Limited

Della Resorts & Adventure Private Limited is a leading developer and operator of luxury hospitality and adventure destinations in India. Founded by Jimmy Mistry, the company is known for creating high-intensity adventure experiences combined with premium hospitality, delivering world-class design, innovation, and operational excellence across large-scale experiential projects.

Bhopal Gets a New Sayaji Stay: Amber - A Unit of Sayaji Opens in Chinar Fortune City

Bhopal, Madhya Pradesh, March, 2026 – Amber - A unit of Sayaji, the latest addition to the Sayaji portfolio, has opened its doors in Bhopal. Located in Chinar Fortune City near Vidya Nagar Phase 2, Bawadiya Kalan, the hotel brings contemporary comfort and warm, intuitive service to Madhya Pradesh’s capital - ideal for business trips, short leisure breaks, and intimate celebrations.

Bhopal, widely known as the “City of Lakes,” offers a compelling mix of heritage and modern energy. From day trips to UNESCO World Heritage sites such as Bhimbetka and Sanchi to the city’s long-standing cultural legacy linked to Raja Bhoj, the destination continues to draw travellers who like their getaways rooted in story, craft, and cuisine.

Amber - A unit of Sayaji features 22 well-appointed rooms designed for comfort-led stays. The hotel offers 20 Superior Rooms at 280 sq. ft. each and two Family Rooms spanning 552 sq. ft., making it well-suited for solo travellers, couples, and families looking for more space.

The hotel’s dining address, Cafene, offers a breakfast buffet along with an à la carte menu. With 52 covers in total, including 34 indoor and 18 al fresco, Cafene is designed for easy breakfasts, working lunches, and relaxed dinners, pairing familiar favourites with flavour-forward touches inspired by the region.

For weddings, social gatherings, and corporate meet-ups, Amber - A unit of Sayaji offers a strong set of event spaces. Aurum, the hotel’s banquet hall, spans 2,736 sq. ft. and can host up to 150 guests in theatre style, with additional formats available, including classroom-style seating for up to 60 guests and cluster seating for up to 80. For larger celebrations, Vatika Lawn spans 24,850 sq. ft. and can host up to 1,000 guests, with configurations also suitable for mid-sized formats, including cluster seating for up to 500.

“We’re excited to open Amber - A unit of Sayaji in Bhopal and welcome guests to a hotel that’s intimate in size but big on detail. From the comfort of our rooms to the ease of hosting at Aurum and Vatika, we’ve built this space for people who want a stay that feels effortless - and genuinely warm”, expressed Mr. Manoj Kumar Golani, Co-Owner, Amber - A Unit by Sayaji, Chief Operating Officer, Satyam Builders & Developers. 

Rajendra Joshi, Associate General Manager at Sayaji Hotels said, “Madhya Pradesh is home for the Sayaji brand, so every opening here feels personal. With Amber - A unit of Sayaji, we’re bringing our signature hospitality to a contemporary address in the city - crafted for stays, dining, and celebrations, and delivered with the kind of warmth that comes naturally in our home state.”

The new stay address is now welcoming guests, offering a refined, convenient base for exploring the city, working on the move, or marking memorable moments with family and friends.

Property Address and Contact Details
Amber - A unit of Sayaji
Zone 3, Plot No. 2, Near Vidya Nagar Phase 2
Bawadiya Kalan, Chinar Fortune City
Bhopal, Madhya Pradesh – 462026
Phone: +91 92019 96131 | +91 90390 68351
Email: dm.amberbhopal@sayajihotels.com

Spree Hospitality Unveils Spree Maati Jungle Resort: A New Eco-Luxury Retreat in Bandhavgarh, Madhya Pradesh

Spree Maati Jungle Resort is designed to offer an unparalleled blend of luxury and nature, making it a perfect destination for both leisure and adventure seekers

New Delhi, 2024: Spree Hospitality, a subsidiary of EaseMyTrip.com, one of India’s leading online travel tech platforms, announced the signing of its newest property, Spree Maati Jungle Resort, located in the heart of Bandhavgarh, Madhya Pradesh, one of India's renowned Tiger Reserves. The property, expected to open by October 2024, marks Spree Hospitality’s fourth resort near tiger reserves, joining their esteemed properties in Corbett, Sariska, and Ranthambore.

Spree Maati Jungle Resort is designed to offer an unparalleled blend of luxury and nature, making it a perfect destination for both leisure and adventure seekers. The resort features spacious cottages equipped with private plunge pools and gardens, providing a serene and exclusive retreat for the guests.

It has a poolside multicuisine restaurant, Feast, that can accommodate up to 40 guests, offering a diverse menu that caters to all palates. The lush green lawns and recreational areas, including a mini-theatre for 15 guests, a kids play zone, and a large swimming pool with an attached kids pool, ensure a delightful stay for families and groups.

Spree Maati Jungle Resort stands out for its commitment to sustainability. The resort is an eco-friendly sanctuary with approximately 2000 trees, organic farming practices, and a focus on preserving the natural beauty of its surroundings.

Spree Maati Jungle Resort offers unmatched features designed to enhance any stay. Guests can enjoy the privacy and luxury of cottages, many of which come with private plunge pools and gardens. Families will appreciate the dedicated kids play zone, providing a safe and fun environment for children to play and explore. The resort also offers a variety of indoor and outdoor activities, catering to all ages and preferences, ensuring there is something for everyone. For those who enjoy a more intimate entertainment experience, the resort provides a cosy 15-seater mini theatre. Additionally, Spree Maati Jungle Resort is committed to eco-friendly initiatives, emphasising organic farming and maintaining extensive greenery to preserve the natural beauty of the surroundings.

"We are excited to bring Spree Maati Jungle Resort to Bandhavgarh," said Mr. Sagar Khurana, COO of Spree Hospitality. "This property is designed to offer a unique blend of luxury and nature, making it a perfect destination for both leisure and business travellers. We look forward to welcoming our guests to experience the exceptional hospitality that Spree is known for."

Spree Maati Jungle Resort promises an unforgettable experience, combining luxurious accommodations, exceptional amenities, and a deep connection with nature.

IHCL Announces A New Vivanta Hotel In Ujjain, Madhya Pradesh

Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of a new Vivanta hotel in Madhya Pradesh’s ancient pilgrim city of Ujjain. The hotel is a Greenfield project.

Speaking on the occasion, Ms. Suma Venkatesh, Executive Vice President - Real Estate & Development, IHCL, said, “This signing is in line with IHCL’s strategy of progressively establishing its presence at significant pilgrimage destinations across India. Ujjain, located along the Kshipra River, is known for its religious fairs and ancient temples. A short drive from Indore’s city centre, this will be our first hotel in the city. We are happy to associate with Phulwani Real Estate India Private Limited for this hotel.”

The 130-keys hotel is strategically located at a comfortable driving distance from Indore airport and is close to the renowned ‘Mahakal Corridor’. The hotel will feature an all-day diner, a swimming pool and a fitness centre. It will also offer a sophisticated banqueting space along with meeting rooms, perfect for both corporate gatherings and social events.

Mr. Jitendra Phulwani, Director, Phulwani Real Estate India Private Limited said, “We are delighted to collaborate with IHCL, India’s leading hospitality company. This hotel will provide guests with the distinctive experience of the spirited Vivanta brand in Ujjain.”

Ujjain is a prominent Hindu pilgrimage centre, known for the centuries-old Mahakaleshwar Temple, as well as hosting the famous Kumbh Mela every twelve years, where millions of devotees come to visit.

With the addition of this hotel, IHCL will have 12 hotels across Taj, SeleQtions, Vivanta and Ginger brands in Madhya Pradesh including 4 under development.

About Phulwani Real Estate India Private Limited

Phulwani Real Estate India Private Limited is promoted by Jitendra Phulwani, Mr. Manoj Phulwani, Mr. Bhushan Phulwani and Mrs. Rani Phulwani. Mr. Jitendra Phulwani and Mr. Bhushan are in business of perfumes in UAE. Mr. Manoj has a hardware business in Ujjain. Mrs. Rani Dhanani, their sister manages Accounts and Finance of the company and is also based in Ujjain. 

IHCL SIGNS ITS THIRD HOTEL IN INDORE, MADHYA PRADESH

Indian Hotels Company (IHCL), India’s largest hospitality company, today announced the signing of a SeleQtions branded hotel in Indore, Madhya Pradesh. The currently operational property will be rebranded SeleQtions.

Commenting on the signing, Ms. Suma Venkatesh, Executive Vice President - Real Estate & Development, IHCL said, “The signing of this hotel further strengthens our presence in the strategically important state of Madhya Pradesh. Indore, its financial capital lies in proximity to major industrial hubs and is home to several large IT parks. With the addition of this hotel, IHCL will have three of its brands in the city, which is in line with its commercial potential. The hotel is slated to open this fiscal after the quick conversion. We are delighted to partner with Winway Group for this project.”

The 125-keys hotel is situated in the heart of Indore’s commercial hub. Guests can enjoy a variety of global and local cuisines at the all-day dining restaurant, bar, and specialty restaurant. Recreational facilities will include a swimming pool and gym. The hotel will also offer state-of-the-art banqueting spaces spread over 6,400 square feet.

Mr. Sahil Wadhwani and Mr. Vansh Wadhwani, Partners,, Winway Group said, “We are delighted to bring the SeleQtions brand to Indore in partnership with IHCL. We believe this will transform the hospitality landscape in the city.”

Indore, on the banks of Kanh and Saraswati rivers is the most populous city in Madhya Pradesh. It has been consistently declared as India’s cleanest city. It is a major transit point for pilgrimage to Mahakaleshwar temple in Ujjain.

With this addition, IHCL has ten hotels across Taj, SeleQtions, Vivanta and Ginger brands in Madhya Pradesh including three under development.

About Winway Group

The Winway Group has interests in Real Estate, Residential, Corporate and Hospitality Projects in Indore. Promoted by the Wadhwani family, Winway Group has completed multiple projects such as WOW Hotel, Winway Hotel, real estate developments such as Winway World Offices, The Ambiance by Winway, The Winway Centre and Heaven Homes to name a few.

Hospitality sector alarmed by orders from state authorities, not getting paid for services rendered

Key Take Away

The hospitality industry has raised concerns about 'high-handed' state government orders to requisition hotels as quarantine or treatment centers, and hoteliers not being compensated for the services offered through the lockdown.
On May 29, the Delhi government requisitioned five hotels through an order to convert them into extended Covid-19 hospitals, a move that took hoteliers by surprise.

The court directed the government to appoint an expert committee to examine the issue and to deal with the petitioner's representation. The matter stands adjourned to June 9.

The head of a hotel chain said his entire hotel has been taken over by state authorities in Madhya Pradesh and he had not been paid.

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